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20121201
20121201
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in china is starting to develop a taste for french wine. investors are seeing new opportunities in the big wine regions, and not unexpectedly, it is a development which is not popular with some of the french. >> it seems everything she turns her hand to is a success. she is one of china's biggest celebrities -- singer, model, actress -- and now honor of a prestigious french vineyard. it was in french hands for four centuries before the chinese came. in china, red wine has become the latest new thing, and increasing numbers of chinese are heading to france to invest in their very own vineyard. >> i tried several other lines before, but when i came here, everything was just right -- the building, the surroundings, everything. i fell in love with the place straightaway, and the wine. >> time for a toast with the previous owner, who is obviously pleased with the sale. the purchase price is undisclosed. chinese buyers often pay much more than the norm. even if they do not understand each other, everyone understands the language of money. business is conducted through an interpreter. >> people i
and where is china all of this? >> so there are several different pieces. one of them going back to the economy, we used to have much higher practices than we do now. how were we able to have full employment on that? we did not have the system of the budget deficits what makes it so much harder and just to sort of duty had enough, it is the persistence of trade deficit least not have one and now we do and that is a big drag on the economy. which hasn't been better actually the trade deficit is actually significantly down but not all. we have had some that have become more competitive that is the front on which we need to work. the political debate hasn't kept up with the reality it's no longer the quarter of that anymore. it's the broadest of countries some that need to be worked on and the next president isn't just china bashing but what do we need to do have a world that is everybody trying to run a trade surplus which the government believes it is possible. [laughter] >> then there is this issue of trade and income inequality. and there's a similar level that presumably had re
that much about it unless you want to be industrialized china and india and the developing countries. that's the thing. >> two things going on, a progressive moment that only knows how to use fear to get what they want. >> brilliant, brilliant. >> and notion of victimization and in in case, third world nation. >> brilliant, brilliant. >> since the end of world war ii, western nations have given poor people around this world 2 trillion dollars, but it doesn't stop the u.n. or phonies like bono and nongovernment organizations for going out there and trying to shame western nations into giving money and by the way the poor nations never get it and someone puts it in their pocket and it's a travesty. i hope people in africa and others resist it, they're embracing capitalism and coming on stronger and stronger, and i hope you-- the more you embrace capitalism the more global warming there'll be. >> we accept that part. >> well, but i don't want to get in an argument about climate change and all, but we do go through weather patterns in cycles and i can remember at a kid when we had huge storms
as china with the issue of human rights. as long as the international community does not address the interests of the importance stakeholders, that is not really going to help. what is your take on that? >> i think they have very short form policy. i have been in moscow and we met with the russian minister of foreign affairs. syria and russia have a relationship. we need to keep such a relationship, but with such short policies by defending the assad regime, you of making such a relationship very difficult. i think the syrians see russia the same as they see the assad regime. when you see your brother and sister being killed every day -- i have been in syria and i have lots of examples. when the syrian people solve all of this happen for them, of course, they will change their position on russia. i think for russia to keep their ambassador, it is difficult to keep him in damascus. any government in the future, they will put their relationship with russia and iran as a priority. there are many voices within the opposition, and the syrian government should be open to negotiations a
talks about the role of la in china. -- rule of law in china. >> washington worked his way up. at the urging of one of his brothers he immigrated out west where the lead mine industry was in may paid a. he arrived in a ship, by stagecoach. he arrived on steamboat in this muddy town. he established a lot have been in slowly worked his way up. he became a very successful lawyer and then became involved politically. he ran for congress, search for eight terms. in any profession did abraham lincoln -- served for eight terms. as they arised, they were a close colleague during the civil war. after grant was elected president, initially appointed washburn secretary of state. at that time he became very ill. his family actually feared for his life. after about 10 days he submitted his resignation to president grant. grant accepted his resignation. over the next several months he regained his health which was always very fragile. he then offered him the position as minister of france. >> michael hill on the minister to france during the 1870 franco-prussian war. they provide political
in china, right clicks and they are creating it. most of the technologies done in china. here's a driver, here's a mick jagger. you know, that's what it's like. so we built the best headphones in the world. took us two years to make one and the money market or culture that we build and control. >> do you think that would've been possible in an earlier media era? >> welcome e-mail come it took been scared to death to be motivated to do this, right? stars look at the record industry in spain for two myers house and there is people all the time. i'm not the record guys that gets invaded. i went there and somebody say gee, you know, it was 2002 and i'm really sorry about your business. flick were talking about my grandfather dying. if it meant, that doesn't work for me. i used to be in the coal business. how did i end up in the same? i said i'm going to do something else that caught doug morris said you know what, if they're not going to pay for right now to buy her music, maybe i can figure a way to charge them to listen to it. and that's how the headphones started. [applause] >> icu applau
Search Results 0 to 5 of about 6

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